Parsad Posted October 20, 2011 Share Posted October 20, 2011 GS Asset Managment Chair has some astute comments about the U.S. and world. I especially like the China & Greece comment. Cheers! http://www.cnbc.com/id/44976558 Link to comment Share on other sites More sharing options...
bookie71 Posted October 21, 2011 Share Posted October 21, 2011 He also discounted the effect of Greece, which he said is "only a $350 billion economy. China will import another Greece this year." That puts things in proper perspective with a vivid sharp contrast that shows how HUGE China's economy actually is by comparison. Link to comment Share on other sites More sharing options...
alertmeipp Posted October 21, 2011 Share Posted October 21, 2011 I thought no ppl really care about Greece .. they are concerned about what's next if Greece fall apart. Link to comment Share on other sites More sharing options...
Guest misterstockwell Posted October 21, 2011 Share Posted October 21, 2011 That guy is full of it. If Greece doesn't matter, let it fail. Let's see what half a trillion of bad debt does to the banks in Euroland(and the US). Then bring him back on and see if he still discounts the effect of Greece. Link to comment Share on other sites More sharing options...
rranjan Posted October 21, 2011 Share Posted October 21, 2011 Well Greece might be a small economy but we are so interlinked that it's difficult to say what will be total impact. Link to comment Share on other sites More sharing options...
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